Centre for Economic and Regional Studies Hungarian Academy of Sciences Centre of Excellence

KTI seminar

04/05/2018

Kátay Gábor

Currency Matching and Carry Trade by Non-Financial Corporations

Helyszín: MTA Humán Tudományok Kutatóháza, Budapest, Tóth Kálmán utca 4. fszt. K13.

FDI Seminar

04/16/2018

Lecture organized by the FDI (Foreign Direct Investment) research group:

Dr. Philippe Gugler /Head of the Center for Competitiveness of the University of Fribourg/

 

"The Drivers of Regional and National Competitiveness:

A Microeconomic Approach"

Helyszín: HTK - 1097 Budapest Tóth Kálmán u. 4. - room B.3.24

SOCIO-ECONOMIC, ENVIRONMENTAL AND REGIONAL ASPECTS OF A CIRCULAR ECONOMY (CE) International Conference for the 75th Anniversary of DTI

04/19/2018 - 04/20/2018

Concerning the European Commission’s report (COM(2017) 33) “The transition towards a more circular economy brings great opportunities for Europe and its citizens. It is an important part of our efforts to modernise and transform the European economy, shifting it towards a more sustainable direction.” Beside legislative and policy proposals what are the most important aspects shifting towards a circular economy? Register to our conference and tell us your viewpoints!

Helyszín: Hotel Palatinus (7621 Pécs, 5 Király Street, Hungary)

KTI seminar

04/19/2018

Zawadowski Ádám / CEU /

The Tragedy of Complexity

This paper presents an equilibrium theory of product complexity. Complex products generate higher potential surplus, but require more attention from consumers. Because consumer attention is limited and a common resource across products, an attention externality arises: Sellers distort the complexity of their own products to divert attention from other products. In contrast to the classic tragedy of the commons, this externality can lead to too much or too little complexity. Paradoxically, increases in information processing capacity that relax the consumer’s attention constraint can make it more likely that products are overly complex compared with the social optimum.

Helyszín: MTA Humán Tudományok Kutatóháza, Budapest, Tóth Kálmán utca 4. fszt. K13.

KTI seminar

04/23/2018

Égert Balázs /OECD/
Regulation, institutions and productivity: New macroeconomic evidence from OECD countries

Empirical research on the drivers of multi-factor productivity (MFP) is abundant at the firm- and industry level but surprisingly little research has been conducted on the determinants of MFP at the macroeconomic level. In this paper, we seek to understand the drivers of country-level MFP with a special emphasis on product and labour market policies and the quality of institutions. For a panel of OECD countries, we find that anticompetitive product market regulations are associated with lower MFP levels and that higher innovation intensity and greater openness go in tandem with higher MFP. We also find that the impact of product market regulations on MFP may depend on the level of labour market regulations. Better institutions, a more business friendly environment and lower barriers to trade and investment amplify the positive impact of R&D spending on MFP. Finally, we also show that cross-country MFP variations can be explained to a considerable extent by cross-country variation in labour market regulations, barriers to trade and investment and institutions (including corruption).

Helyszín: MTA Research House 1097 Budapest, Tóth Kálmán utca 4. fszt. K13 terem